Unless there were some very compelling reasons to acquire this property the essence of which, I'm sure, will eventually become known to curious shareholders; I believe the acquisition of the Timmins claims is premature.

The Mining Registry graveyards in every Province and Territory of Canada are littered with the corpses of mining companies that had claims here, there and everywhere on which sporadic bits of prospecting, sampling, trenching and drilling were carried out as the money from the annual or semi-annual share issues would allow.

This was then followed by multiple 1 for 10 (to 40) re-orgs as the Company struggled, year after disappointing year, in the hunt for the ever elusive motherlode.

In the end, of course, the money runs out, the dust settles, the tears dry up, the headaches subside, the shares languish in the 0.01 to 0.03 cent range and then finally, mercifully, documents are no longer filed, the stock is delisted and memories of exhausted investors are lost in the mist of time, slowly fading into the oblivion of another forgotten notch on the belt for one-more-that-didn't-make-it.

It seems to me that if you look at the history of the successful Canadian mining companies, and there are lots of them; with few exceptions you will find that each had a flagship mine on which all hands and resources were focused until it was brought into ongoing profitable production.

Then, and only then, did the Companies cast their eyes over the horizon in the hunt for other promising properties that might, later, become profitable mines.

So I just wish Dale and the boys would stop claim gazing so far afield and make Rice Lake the focal point of every man and every dollar, until we have four successive quarters of healthy profits in the bank.

Or in the alternative, limit the claim gazing to the next door neighbour mining claims in the Rice Lake gold belt held by SKP, WEL, COU, BGE, GVX and Golden Pocket.

My hope, by the end of 2013, is that SGR will have one ultra modern 3000 tpd mill at Rice Lake fed by a fleet of state-of-the-art rock chewing electric moles [tunnel boring machines], grinding out the highest grade gold ore in the world onto their hungry, trailing conveyor belts.

Fred25